Chongqing Non Current Assets Total vs Selling General Administrative Analysis

600729 Stock   30.23  0.29  0.97%   
Chongqing Department financial indicator trend analysis is way more than just evaluating Chongqing Department prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chongqing Department is a good investment. Please check the relationship between Chongqing Department Non Current Assets Total and its Selling General Administrative accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chongqing Department Store. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Non Current Assets Total vs Selling General Administrative

Non Current Assets Total vs Selling General Administrative Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chongqing Department Non Current Assets Total account and Selling General Administrative. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Chongqing Department's Non Current Assets Total and Selling General Administrative is -0.17. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Chongqing Department Store, assuming nothing else is changed. The correlation between historical values of Chongqing Department's Non Current Assets Total and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Chongqing Department Store are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Non Current Assets Total i.e., Chongqing Department's Non Current Assets Total and Selling General Administrative go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Selling General Administrative

Most indicators from Chongqing Department's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chongqing Department current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chongqing Department Store. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
As of December 11, 2024, Selling General Administrative is expected to decline to about 2.4 B. In addition to that, Tax Provision is expected to decline to about 99.6 M
 2021 2022 2023 2024 (projected)
Operating Income1.1B782.8M1.2B628.9M
Total Revenue21.1B18.3B19.0B19.5B

Chongqing Department fundamental ratios Correlations

0.160.920.940.790.610.490.630.720.140.430.860.310.980.420.90.60.79-0.780.56-0.64-0.330.590.3-0.390.67
0.160.440.28-0.010.710.61-0.450.230.310.010.470.670.080.210.33-0.5-0.21-0.42-0.280.38-0.01-0.42-0.690.6-0.33
0.920.440.870.670.830.690.40.830.280.360.90.470.880.420.940.390.57-0.910.37-0.38-0.260.350.13-0.150.44
0.940.280.870.860.640.470.560.660.210.490.90.440.840.530.860.440.77-0.720.6-0.61-0.420.590.23-0.260.68
0.79-0.010.670.860.440.290.810.680.110.50.760.20.70.460.640.670.84-0.620.77-0.82-0.50.850.56-0.510.81
0.610.710.830.640.440.750.040.770.460.350.830.510.560.320.790.060.24-0.890.02-0.08-0.330.07-0.220.030.16
0.490.610.690.470.290.750.030.640.06-0.070.540.180.47-0.220.630.040.16-0.710.230.00.170.0-0.030.320.01
0.63-0.450.40.560.810.040.030.53-0.090.420.4-0.280.630.230.430.880.78-0.390.72-0.85-0.380.850.82-0.750.79
0.720.230.830.660.680.770.640.530.30.290.710.230.720.260.850.620.42-0.960.3-0.36-0.230.390.37-0.360.37
0.140.310.280.210.110.460.06-0.090.30.540.430.350.080.560.34-0.1-0.19-0.36-0.370.27-0.52-0.16-0.22-0.170.17
0.430.010.360.490.50.35-0.070.420.290.540.590.040.360.690.420.20.52-0.320.1-0.44-0.940.430.12-0.590.64
0.860.470.90.90.760.830.540.40.710.430.590.490.780.570.830.290.63-0.810.38-0.47-0.570.450.03-0.250.58
0.310.670.470.440.20.510.18-0.280.230.350.040.490.20.640.37-0.21-0.04-0.36-0.140.18-0.08-0.18-0.450.33-0.12
0.980.080.880.840.70.560.470.630.720.080.360.780.20.310.870.650.74-0.760.5-0.61-0.250.550.32-0.440.62
0.420.210.420.530.460.32-0.220.230.260.560.690.570.640.310.40.110.31-0.31-0.02-0.21-0.680.21-0.05-0.320.37
0.90.330.940.860.640.790.630.430.850.340.420.830.370.870.40.470.53-0.910.29-0.34-0.270.330.18-0.250.45
0.6-0.50.390.440.670.060.040.880.62-0.10.20.29-0.210.650.110.470.62-0.460.54-0.7-0.170.720.77-0.780.61
0.79-0.210.570.770.840.240.160.780.42-0.190.520.63-0.040.740.310.530.62-0.390.81-0.95-0.490.90.52-0.570.87
-0.78-0.42-0.91-0.72-0.62-0.89-0.71-0.39-0.96-0.36-0.32-0.81-0.36-0.76-0.31-0.91-0.46-0.39-0.20.270.26-0.28-0.150.23-0.31
0.56-0.280.370.60.770.020.230.720.3-0.370.10.38-0.140.5-0.020.290.540.81-0.2-0.82-0.080.840.69-0.270.74
-0.640.38-0.38-0.61-0.82-0.080.0-0.85-0.360.27-0.44-0.470.18-0.61-0.21-0.34-0.7-0.950.27-0.820.47-0.97-0.620.68-0.86
-0.33-0.01-0.26-0.42-0.5-0.330.17-0.38-0.23-0.52-0.94-0.57-0.08-0.25-0.68-0.27-0.17-0.490.26-0.080.47-0.47-0.050.63-0.61
0.59-0.420.350.590.850.070.00.850.39-0.160.430.45-0.180.550.210.330.720.9-0.280.84-0.97-0.470.7-0.690.9
0.3-0.690.130.230.56-0.22-0.030.820.37-0.220.120.03-0.450.32-0.050.180.770.52-0.150.69-0.62-0.050.7-0.570.57
-0.390.6-0.15-0.26-0.510.030.32-0.75-0.36-0.17-0.59-0.250.33-0.44-0.32-0.25-0.78-0.570.23-0.270.680.63-0.69-0.57-0.69
0.67-0.330.440.680.810.160.010.790.370.170.640.58-0.120.620.370.450.610.87-0.310.74-0.86-0.610.90.57-0.69
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Chongqing Department Account Relationship Matchups

Chongqing Department fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets15.1B16.8B17.7B17.2B18.6B9.6B
Other Current Liab3.2B3.7B2.9B182.0M194.1M184.4M
Total Current Liabilities8.4B9.4B8.1B8.4B9.0B5.6B
Total Stockholder Equity6.3B6.9B5.8B5.2B6.2B3.4B
Retained Earnings5.5B6.5B5.3B4.4B5.4B5.7B
Accounts Payable4.3B3.8B3.4B3.1B2.9B2.6B
Cash4.0B5.2B3.5B2.4B4.1B2.5B
Other Assets941.4M556.4M1.5B1.6B1.8B1.9B
Net Receivables493.7M190.2M233.3M241.3M260.7M266.8M
Inventory2.8B2.8B2.5B2.3B2.1B1.6B
Other Current Assets1.6B939.4M792.4M251.0M198.8M188.8M
Total Liab8.7B9.7B11.8B12.0B12.3B6.1B
Intangible Assets222.5M213.1M193.9M183.3M173.0M142.2M
Property Plant Equipment3.2B3.1B3.0B6.0B6.9B7.2B
Other Liab302.7M303.0M365.1M343.7M395.2M203.0M
Net Tangible Assets5.2B6.1B7.0B5.6B6.4B5.9B
Other Stockholder Equity(50.6M)(43.1M)(55.8M)(61.7M)(55.6M)(52.8M)
Deferred Long Term Liab184.3M225.1M236.2M222.7M256.1M234.8M
Short Long Term Debt235.3M1.2B274.3M1.2B2.1B2.2B
Total Current Assets9.3B10.2B7.3B6.3B7.5B6.6B
Non Current Assets Total5.9B6.6B10.4B10.9B11.2B8.4B
Non Currrent Assets Other63.8M61.2M77.5M53.1M181.9M200.0M
Non Current Liabilities Total303.0M319.0M3.7B3.5B3.3B3.4B
Non Current Liabilities Other72.5M24.1M37.9M28.2M14.9M25.9M
Net Invested Capital6.5B8.1B6.1B6.3B8.3B7.3B
Net Working Capital874.2M770.2M(731.9M)(2.1B)(1.5B)(1.5B)

Currently Active Assets on Macroaxis

Other Information on Investing in Chongqing Stock

Balance Sheet is a snapshot of the financial position of Chongqing Department at a specified time, usually calculated after every quarter, six months, or one year. Chongqing Department Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Chongqing Department and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Chongqing currently owns. An asset can also be divided into two categories, current and non-current.